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Redevelopment Commission approves 2024-25 annual report and 2026 tax-increment determination resolution

5436326 · April 1, 2025
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Summary

The Hammond Redevelopment Commission accepted its 2024 annual and overlapping units report, and approved a resolution determining tax-increment matters for the 2026 budget year after a staff presentation; both votes were unanimous.

The Hammond Redevelopment Commission on April 1 approved its annual redevelopment and overlapping units report for 2024–2025 and then approved a separate resolution concerning the 2026 budget-year determination for tax increment within the commission's allocation areas.

Daniel Dalton of Dalton (presenting in place of a colleague) summarized the statutorily required annual report, which lists commission members, staff compensation, fund balances, outstanding…

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